Professor Stephen J Brown

Professor Stephen J Brown

Stephen Brown joined the Monash Business School on 1 January 2016. Appointed on a 0.4 basis, he spends four months each year at the Monash Business School while transitioning to emeritus status as Professor of Finance at NYU Stern School of Business.

Before joining New York University in 1986 Stephen worked at Bell Telephone Laboratories during which he spent time on assignment as District Manager at the AT&T Pension Fund, as well as Yale University where he was Associate Professor of Finance. He is a member of CFA Society Melbourne and CFA Society New York.

He has published widely in a range of high quality journals and is the author of five books, two of which have been translated into Japanese. His research areas of interest include hedge funds, empirical finance, asset allocation and investment management.

As well as serving on a number of editorial boards, Professor Brown was a founding editor of the Review of Financial Studies and a Managing Editor of the Journal of Financial and Quantitative Analysis. Stephen is now Executive Editor of the Financial Analysts Journal published by CFA Institute. He has served as an expert witness for the US Department of Justice and has testified on his research before a Full Committee Hearing of the U.S. Congress House Financial Services Committee in March 2007. In 2010 he served as a member of the Research Evaluation Committee of the Excellence in Research Australia initiative on behalf of the Commonwealth Government of Australia.

Professor Brown received his Bachelor of Economics from Monash University and his Master of Business Administration and Doctor of Philosophy in finance from the University of Chicago.